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RIYADH: Saudi Arabia’s stock market recovered slightly on Sunday after hitting its lowest level in more than six months on Thursday.
The main index TASI advanced 1.2 percent to 11,292, rising from 11,163 points in the prior session, while the parallel Nomu market was up 0.2 percent to 20,611.
The improved performance was supported by Friday’s oil gains in response to reports that an immediate Saudi oil output boost was not expected.
Elsewhere in the Middle East, stock exchanges of Qatar, Kuwait, and Egypt added between 0.1 and 0.9 percent.
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